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Monday, September 24, 2012

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09/24/2012
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
EADS says BAE talks productive, expects to meet deadline
PARIS (Reuters) - European aerospace group EADS on Monday described merger talks with BAE Systems as productive and said it was currently on track to meet an October 10 deadline for providing further details on plans to forge the world's largest arms firm.
Qatar in talks to buy Batista's $2 billion AUX stake: sources
DUBAI (Reuters) - Qatar Holding, the investment arm of the Gulf state's sovereign fund, is in advanced talks to buy a 49-percent stake in Brazilian billionaire Eike Batista's gold company AUX for about $2 billion, three banking sources said.
CGGVeritas buys Fugro seismic data unit
PARIS/AMSTERDAM (Reuters) - CGGVeritas will buy the seismic data division of Dutch engineering company Fugro for 1.2 billion euros ($1.56 billion) in cash, increasing the number of activities the French service provider to the oil and gas sectors can offer.
Singapore regulator rejects F&N request for higher Thai offer
SINGAPORE (Reuters) - Singapore's takeover regulator rejected a request by Fraser and Neave Ltd (F&N) seeking a higher offer from a company linked to Thailand's third-richest man for all the shares of the drinks-and-property conglomerate.
Aker Solutions wins Chinese rig contract
OSLO (Reuters) - Norwegian oil services firm Aker Solutions won a contract from Shanghai Zhenhua Heavy Industries Co. Ltd to supply a complete drilling equipment package for a new jack-up drilling rig, it said on Monday.
Thai CP Foods aims for $2.44 billion foreign capex in next 5 years
BANGKOK (Reuters) - Charoen Pokphand Foods PCL aims to spend 75 billion baht ($2.44 billion) expanding its overseas feed, farm and food businesses in the next five years, a senior executive said on Monday.
Carlyle-backed Japan firm drops plan for up to $555 million IPO
TOKYO (Reuters) - Carlyle Group-backed Japanese ball-bearings maker Tsubaki Nakashima Co has called off an up to $555 million initial public offering, citing weak market conditions, marking another failed attempt by the U.S. private equity firm to list its assets in Japan.
Russia's Promsvyazbank to list shares in Moscow, London
MOSCOW (Reuters) - Promsvyazbank (PSB), one of the largest non-state Russian lenders, said on Monday it plans to conduct an initial public offering (IPO) by selling its shares in Moscow and global depositary receipts (GDRs) in London.
EU approves Translohr takeover by Alstom, FSI
BRUSSELS (Reuters) - Engineering company Alstom and French sovereign fund FSI secured EU regulatory approval on Monday to buy French tramway system maker Translohr.
China envoy warns Canada against politicizing Nexen deal
TORONTO (Reuters) - China's ambassador to Canada warned in remarks published on Saturday against letting domestic politics drive the Canadian government's decision on whether to approve a Chinese state-owned oil company's proposed $15.1 billion takeover of Calgary-based Nexen Inc.
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